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Old Jul 30, 2017 | 8:26 am
  #33  
QRC3288
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Originally Posted by SinoBritAsia
The 30 per cent cut is misguided. Suggesting such a large cut means cutting flights and routes. Giving up slots it will give away to its arch rival and not get back for several years, making profitability harder and weakening the airline's value.

We know that 48 long-haul 77Ws will be refitted for 10 abreast confirming 5 77Ws will exit - at least the earliest ones. That equates a 10 per cent roughly.
Yea this is more in line with my (admittedly) theoretical knowledge. Admittedly I have no scuttlebutt here, as it's against the law in my industry. But just sitting down with a few subscriptions, pen and paper, as well as thinking back to a few conversations I've had, at least I feel comfortable saying it would be devastating to Boeing (their always-rosy propaganda notwithstanding, until they drop bombshells on you at the last minute...every time) if CX somehow dumped 15 77Ws on the secondary market in the next few years. It would essentially end the 777 classic program. Everyone would notice if EK or CX started unloading 77Ws. And it's a weak secondary market as it stands.

Maortega15 almost always has solid insight so it's hard to reconcile. I found details for some of the finance leases but not all, so I can't be sure. But they could always try to sell some birds, depressed value as they are. I wouldn't be totally surprised if CX is reviewing everything these days.

Still, you can pick up a brand new 77W on the cheap right now with zero wait, Boeing is desperate just to keep the line in order until the 777X starts firing. The buyer of second-hand 10 year old 77W birds now would not be offering a whole lot. Not to mention the whole segment of very large aircraft is under huge stress right now.
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